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Search Results for: Cryptocurrency

June Crypto Watch: BNB, ADA, and SOL Ready to Make Waves

In the ever-evolving landscape of cryptocurrencies, staying updated on the latest trends and market movements is crucial for investors and enthusiasts alike. June is an exciting month in digital currencies, with several coins poised for potential growth and breakthroughs. Whether you’re an experienced investor or a curious newcomer, understanding the

June 16, 2023 4 mins read

Insolvent Voyager Digital All Set To Enable Partial Fund Withdrawals

Nearly a year after filing for Chapter 11 bankruptcy, cryptocurrency brokerage Voyager Digital is getting ready to restore its app and enable users to finally withdraw their funds. In a court filing dated June 14, Paul Hage, administrator of Voyager’s bankruptcy plan, stated that the withdrawal period would begin between

June 15, 2023 1 min read

Crypto Brokerage Firm FPG Halts Withdrawals Post $20M Exploit

Floating Point Group, a crypto brokerage firm, reported on June 12 that it has suspended trading, withdrawals, and deposits after a hack on June 11. The entire loss from the assault, according to FPG’s estimations, is between $15 and $20 million. Moreover, after identifying the security compromise, FPG reportedly locked

June 15, 2023 1 min read

OnChainMonkey Launches OCM Dimensions, the Groundbreaking Generative Art Collection on Bitcoin

OCM makes history again with generative art collectibles on Bitcoin REDMOND, Wash.–(BUSINESS WIRE)–OnChainMonkey (OCM) has announced the launch of its next NFT collection, OCM Dimensions. This significant milestone brings together art, engineering, technology, and innovation to enshrine a historic first-of-its-kind generative art collection on Bitcoin. Crafted entirely from code, OCM

June 15, 2023 5 mins read

SHIB Army Excited as SHIB Burn Rate Jumps Nearly 1000%

Shiba Inu has increased the burn rate of SHIB tokens dramatically, showing extraordinary commitment. Recent data from the Shibburn website shows an astounding increase of approximately 1,000% in the burn rate, after a period of constant reduction. The Shiba Inu fandom has made incredible strides in the past day toward

June 15, 2023 1 min read

ECB Announces Interest Rate Hike of 25 Basis Points Unlike Fed

On Thursday, the European Central Bank (ECB) announced a 25 basis point increase to its benchmark interest rate, which is one of three main rates set by the ECB. In light of the decision made by the bank’s Governing Council, the interest rates on the bank’s primary refinancing operations, marginal

June 15, 2023 1 min read

Prove Identity CEO Rodger Desai Wins EY Entrepreneur Of The Year® New York Award

Ernst & Young’s prestigious award honors visionary entrepreneurs dedicated to creating bolder futures. Having won this esteemed recognition, Desai now advances to compete for the title of EY World Entrepreneur Of The Year™. NEW YORK–(BUSINESS WIRE)–Prove Identity, Inc. (“Prove”), the global leader in digital identity, today announced that its Founder

June 15, 2023 4 mins read

BlackRock Nears Submission of Bitcoin ETF Application, According to Sources

BlackRock, the world’s largest asset manager, is reportedly nearing the submission of an application for a Bitcoin ETF (exchange traded fund), as per an individual familiar with the situation. The source further stated that BlackRock intends to utilize Coinbase (COIN) Custody for the ETF, while relying on the crypto exchange’s

June 15, 2023 1 min read

Will Tether’s Depeg Worsen The Bearish Crypto Market?

In recent hours, Tether’s stablecoin (USDT) has faced increasing instability, shockingly losing its peg to the US dollar. At the time of writing, USDT is trading at 0.9958. It continues its downward trend from the $1 peg. This development has raised concerns within the cryptocurrency community, with heavy selling pressure

June 15, 2023 2 mins read

Can the Rising Star TCRV Outshine Polygon and Cardano?

Emerging Contender: Can TCRV Outshine Polygon and Cardano? The SEC’s lawsuits against leading cryptocurrency exchanges, Binance and Coinbase, have influenced several digital assets, including Cardano (ADA) and Polygon (MATIC), among others.  Amidst this tumble, investors are looking for new promising gems, like Tradecurve (TCRV), which has swiftly risen, outshining both

June 15, 2023 3 mins read